Where are all the cord-cutters going? Here's one theory: As
the availability of free WiFi increases, folks whose primary
access to video and the web is on mobile devices and tablets —
the young and the poor, in other words — have a less urgent need
for subscriber services.

The pay TV business is still huge, of course. But the losses in
old-fashioned cable are not being gained by telco/internet
suppliers who also supply TV. Here's the overall universe,
per Multichannel News:

... top cable MSOs had 50.5 million video subs, ahead of
satellite’s 34 million, and the top telcos’ 10.03 million.